Sen Damon Thayer

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Kentucky ADW Tax Clears House Committee

The Kentucky House Appropriations and Revenue Committee passed legislation authorizing a tax on advance deposit wagering Feb. 12, but it remains to be seen if all parties agree on the language in the measure.

Kentucky Lawmakers Eye Tax on ADW Bets

Kentucky Lawmakers Eye Tax on ADW Bets

The Kentucky General Assembly probably will consider legislation in 2012 that taxes bets made by Kentucky residents through advance deposit wagering systems to bolster the Kentucky Thoroughbred Development Fund.

Another Financial Hit Looms for KY Breeders

The Kentucky Breeders Incentive Fund could be reduced by 30% because of declining revenue, while horse farms "can't withstand another year like 2009," Kentucky lawmakers were told Nov. 10 during a meeting of the Joint Subcommittee on Horse Farming.

Thayer Defends Position on KY Gaming Bill

Thayer Defends Position on KY Gaming Bill

Republican Sen. Damon Thayer, under heavy fire from some in the Kentucky horse industry for not being publicly proactive on racetrack gaming legislation, on June 25 outlined his position on the issue and claimed that a "political war" would only hinder the industry.

Tin Cup Needed for KY Racing Commission

Tin Cup Needed for KY Racing Commission

The multi-year quest for a stable funding source for the Kentucky Horse Racing Commission took another turn March 10 when legislation to increase the powers of the KHRC unanimously passed a Senate committee. Whether the bill is approved--and whether the commission gets a new funding source--could be determined on the Senate floor.

Veto of KHRA Assessment Relief Stands

Veto of KHRA Assessment Relief Stands

Democratic Gov. Steve Beshear has vetoed a provision in the state General Assembly's $19-billion budget that would keep smaller racetracks in the state from paying a daily assessment to support Kentucky Horse Racing Authority operations. Legislators on April 15 took no action to override the veto as the General Assembly session came to a close.

Market Said to Be Big Factor for BC

Market Said to Be Big Factor for BC

The Los Angeles media market and its attractiveness to sponsors played a key role in the decision by Breeders' Cup to tab Santa Anita Park as a host site for two consecutive years, Breeders' Cup president Greg Avioli said.

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